LETSHEGO HOLDINGS LIMITED - Publication Of Audited Consolidated Financial Statements For The Year Ended 31 December 2019 - BILETS

Publication Of Audited Consolidated Financial Statements For The Year Ended 31 December 2019 - BILETS

Letshego Holdings Limited

Incorporated in the Republic of Botswana

Registration number 98/442

(JSE Code: “BILETS”)

(“Letshego Holdings” or “the   Company” or “the issuer”)

This announcement is being released on the Johannesburg Stock Exchange for
information purposes only in respect of Letshego Holdings Limited’s Note
Programme.

NOTICE TO ALL SHAREHOLDERS – PUBLICATION OF AUDITED CONSOLIDATED FINANCIAL
STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2019

Letshego Holdings Limited ("LHL" I "the Company" I "Letshego Group") was
incorporated in 1998, is headquartered in Gaborone and has been publicly listed
on the Botswana Stock Exchange (BSE) since 2002. Letshego is an inclusive
finance focused Group with microfinance banking and consumer lending subsidiaries
across eleven countries in sub-Saharan Africa.

Letshego published its unaudited reviewed condensed consolidated financial
statements for the year ended 31 December 2019 on the BSE on 2 March 2020. In
terms of the rules of the BSE, Letshego is required to publish its audited
consolidated financial statements for the year ended 31 December 2019 on or
before 31 March 2020.

The Letshego Group Audit Committee and Board met on 25 March 2020 to review and
approve the audited consolidated financial statements for the year ended 31
December 2019.

It was intended that these would be published on the BSE on 31 March 2020. On 30
March 2020, EY, the Independent External Auditors of the Letshego Group, informed
Letshego that it would not be able to complete their review of the audited
financial statements, and therefore issue their audit opinion, due to additional
disclosures needed to be included in the audited financial statements around
subsequent events and related notes specifically relating to Covid 19. This is
due in the main to the impact of the lockdown in South Africa where the EY
Technical IFRS team is based.

The Board therefore informs Shareholders that the audited consolidated financial
statements for the year ended 31 December 2019 are now expected to be published
on or before 30 April 2020.

There are no changes to the financial results as published on 2 March 2020.

There is no change to the dividend announcement that was made on 2 March 2020 and
the final gross dividend for 2019 of 7.7 thebe will be paid on or around 11 May
2020.

For and behalf of the board

A Okai

Group CEO

1 April 2020


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Debt sponsor in South Africa

Kea Sape: 0117215594 or kea.sape@standardbank.co.za

The Standard Bank of South Africa Limited, acting through its Corporate and
Investment Banking division




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Date: 01-04-2020 04:00:00
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